Businesses for Sale

Buy your next business via bsale
My Account: Sign In

City Fringe Paint Shop Retiring 27 Years

Business for Sale
Melbourne VIC

Retiring owner of 27 successful years of trade. A huge variety of large accounts and loyal regulars has allowed this business to survive its competition. All achieved without a website.

Price $170,000

City Fringe Paint Shop Retiring 27 years

Stock Included: No
Stock Value:
Years Est: 27
Gross Revenue: 609,000
Retiring owner of 27 successful years of trade. A huge variety of large accounts and loyal regulars has allowed this business to survive its competition. All achieved without a website so ample room to grow even further. Strategically located & cheap rent.

Location Details
Strategically placed, this city fringe location with close proximity to surrounding mass development allows for easy access for trades to pick up.

About the Business| Owners contribution
Currently owner works 43 hours per week is turning 71 and ready to retire.

A family business established 27 Years ago.

Started by a fitter/turner with no experience, this business model is easily handed over to a new owner with systems and procedures and a well-trained staff member more than capable of running the business in the absence of the current owner.

With its competitors confined and contracted to individual brands and franchise agreements, this business has garnered a very loyal following from a variety of regular large account holders with its ability to diversify its range and therefore its availability, quality and consistency of products.

It’s personalised service commands a loyal following of larger client buying managers. A favoured supplier by these demanding Niche market clients where consistency, quality and customer service are valued over the lower budget, less personalised alternatives.

Potential & critical success factors
Addition of Website. Currently operating on word of mouth alone, there is great opportunity to introduce a website, essential to any modern-day business.
With the acquisition under way by Dulux of 17 Paint Spot locations, and as such the limiting of variety in these stores after the acquisition is complete in Mid October, enables this business to stand strong as an excellent choice for clients needing that larger variety and continuity of past & presently used products.

Sales | $609,901

Lease | 3+3+3-year options

Rent | $36,000 plus Gst | $692 PW
Net Profit | $104,943

Hours | Mon-Fri 8.00 am – 5 pm | Sat 9.00 am – 12 pm currently

Skills | Customer Service, Stock Buying, Paint and wallpaper knowledge a bonus (currently semi managed) Basic Business admin.

Training | 3 weeks

Staff | 1 x Casual

Reason for Sale | Retiring and family reasons

History | 27-year trading history

Keen vendor, genuine buyers are encouraged to Contact Sean McBride for a full Information Memorandum.

Contact Seller


Visit Website

Contact: Sean McBride
Phone: +61404478829
Mobile: 0404478829
Bsale ID: 248925
Agent ID: 32457-239260

Similar businesses for sale that may interest you:

Online Children's Boutique, Operated from Anywhere! Onl...

Melbourne, Melbourne, VIC Business for Sale $100,000

Unique children's clothing boutique with a reputable brand that can be operated from anywhere in the world! With an impressive social media presence of nearly 50,000 followers, this business has been

Retail - Other Bsale ID 228562

20036 Successful Mobile Electrical Repair Business - Wo...

Mornington, Melbourne, VIC Business for Sale $220,000

Calling all maintenance electricians/technicians who are searching for the perfect work/life balance, we have an unbelievable sea change opportunity available! Purchase this well established mobile e

Trade Services - Home Maintenance, Plumber, Electrical | Building - Construction - Home Renovation | Work from Home Bsale ID 256855

GIFT SHOP $150,000 (14569)

Abbotsford, Melbourne, VIC Business for Sale $150,000

GIFT SHOP "ABBOTSFORD" *Taking $7,000pw *Including stock *6pm close *Very high profits *Big improver! Unbeatable position in the main shopping street. Very heavy foot traffic area. Simple high-profi

Retail - Other Bsale ID 201166

Send this post to a friend